More than 100 days after the due date mandated by law, the
Pennsylvania budget for fiscal year 2009/2010 budget was finally
passed and signed into law by Governor Rendell. This article
contains a summary of the most important tax aspects of that
legislation.
TAX AMNESTY
Pennsylvania has passed a tax amnesty program that will run from
April 26, 2010 to June 18, 2010. Under the program, a taxpayer
would be required to file a tax amnesty return and make payment of
all delinquent taxes and 50% of all interest due to the
Commonwealth – 100% of penalties and the remaining 50% of
interest would be abated. Taxpayers who participated in the tax
amnesty program established in 1995 are not eligible to
participate. Guidelines on the program were published in the
December 5, 2009 Pennsylvania Bulletin and can be accessed at the
following website: www.pabulletin.com/
secure/data/vol39/39-49/2237.html. A separate tax alert discussing
the amnesty program in more detail will be
